Awaiting MaaS? Facilitating Citizen Mobility and Improving City Data

NOIDA, India - April 24, 2024 - PRLog -- By merging several private and public transportation services and pricing structures into a single digital platform, Mobility as a Service (MaaS) aims to deliver tailored and ideal travel to move us from one place to another. The global mobility-as-a-service market accounted for $128,489.2 million in 2021, which is predicted to hit $519,697.5 million by 2030. The adoption of MaaS is expected to accelerate market growth due to growing worries about GHG, urban traffic congestion difficulties, the cost-effectiveness and ease of MaaS, and increased government efforts.

MaaS is still in its infancy globally, thus deployments like those illustrated above are accumulating valuable knowledge that will be used to improve subsequent deployments and comprehend the advantages and disadvantages of MaaS. For example, according to TMR, MaaS might benefit the transport network to the amount of AUD 40 billion to AUD 46 billion. This financial gain alone demonstrates the potential effects of MaaS on the transportation industry and the larger community.

Report Description:

In the past, the ride-hailing sector had a mobility-as-a-service market share of more than 50%. The demand for ride-hailing services is rising as a result of the global development of the travel and tourism sector as well as the conversion of traditional offline systems to online systems. Additionally, during the forecast period, the micro-mobility category is anticipated to increase at the fastest rate. In response to measures to manage the COVID-19 illness, such as shelter-at-home orders, local travel habits are changing rapidly.

What Are Advantages of Mobility as a Service?

Easy route planning — Users using real-time route planning can make travel arrangements utilizing a variety of modes of transportation using intelligent suggestions based on their preferences.

Simplified payments — Users of MaaS have the option of paying for their transportation before or after their trip, in advance, or as part of a subscription, using their phones, smartwatches, and bank cards.

The personal touch — MaaS is a completely customized solution that fosters communication between customers and the transportation company. MaaS systems develop to become the ideal customer-focused transportation platform by utilizing big data, two-way communication, and continuous user input.

Globally, the business is being driven by escalating environmental concerns, particularly as a result of a quicker pace of environmental deterioration and ozone layer depletion. Environmental authorities' worries about the deterioration of air quality brought on by growing levels of vehicle exhaust emissions have paved the way for several international efforts, including emission control rules. As a result, it has emerged as one of the most effective methods for combating pollution's damaging impacts on the environment. As a result, this aspect increases demand for MaaS.

P&S Intelligence
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Tags:MaaS Market Size
Location:Noida - Uttar Pradesh - India
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